By using our website, you are agreeing to cookies being stored and Google Analytics being used on your device in order to offer the best possible service. You can find more information on thishere.
Austria.
Where Your Profits Grow Sky High.

The Rise of ICO

Paul Polterauer, CEO Herosphere © Herosphere

In particular, cryptocurrencies such as bitcoin or ether based on the blockchain technology have dominated public discussions. Initial Coin Offerings (ICOs), or corporate financing with cryptocurrencies, are experiencing exponential growth.

At the summit entitled “The Rise of ICO“, the “Who-is-Who of the Cryptoeconomy” gathered together in Linz, Upper Austria October 2-3, 2017. Among the speakers were Brock Pierce, Managing Partner at Blockchain Capital, Richard Kastelein, Chairman of the Bitcoin Foundation as well as Jamie Burke, investor in blockchain startups. Visions for special corporate financing on a cryptocurrency basis were on the agenda of the “Rise of ICO” summit.

The startup Herosphere launched HEROcoin, the first ICO in accordance with Austrian law, together with the business angel network startup300. After seven days tokens of the HEROcoin cryptocurrency were already sold against the ether at a value of USD 1.15 million (or close to EUR 1 million). The HEROcoin is designed to serve users in the future to be able to make competitive bets for eSports on the Herosphere portal.

Share on Facebook Share on Facebook Share on Twitter Share on Twitter Share on Linkedin Share on Linkedin

Testimonials

Events

Meet us at events, seminars and trade shows - worldwide.

  • Life Sciences Wien - Ein Markt mit vielen Chancen

    28.01.2021, 10:00 - 11:30 (CET), Online Conference

  • Meet us @ HTH Styria!

    28.1.2021, 10:00 - 16:15 (CET) , Online Conference

Austria Map

Find the perfect location for your company

The new Amazon distribution center in Großebersdorf is our first logistics site in Austria It will enable us to create additional and more flexible delivery capacities for the benefit of customers. We feel that we are in good hands, also thanks to the support of ABA – Invest in Austria.

Amazon

amazon.de
More testimonials

news from the business location Austria

Austrian government creates investment premium for investors

The economic and financial consequences of the COVID-19 crisis pose major challenges to companies. In order to strengthen the Austrian business location, the Austrian Federal Government has resolved upon a new investment promotion program for companies with a total volume of EUR 3 billion, which will be further increased, if necessary.

Support measures for companies affected by COVID-19

To stimulate the economy, either new programs may be established as a result of the draft law or existing support programs (e.g. aws, ÖHT) will be expanded. All measures introduced are intended to be applicable immediately and will be in force until the end of 2020. The measures currently introduced include the following areas:

More news All blog posts